State-owned
The state-run telecom company posted a 5.8 per cent increase in income from services at Rs 19,379.6 crore during the period under review. The figure stood at Rs 18,314.9 crore in the same period of the previous year.
The telecom company expects losses to come down for the full financial year as the fourth quarter is a seasonally strong quarter.
"Our revenue from services has risen by 5.8 per cent and the total income is up 7 per cent. It is a good sign," BSNL Chairman and Managing Director
Noting that the losses are down substantially on a year-on-year basis, he said, "the overall loss for the full year is likely to be further lower, as most of the revenue comes in during the fourth quarter."
The same was the case in 2015-16, when loss for full year tapered down due to fourth quarter performance, he added.
With other income coming in at 42 per cent higher, the total income was pegged at Rs 20,290.5 crore for nine months ending December 2016 against Rs 18,954.4 crore in the same period of the previous year.
The telecom
On the other hand, the total revenue (which includes revenue from operations and other income) rose from Rs 27,996 crore in 2013-14, to Rs 28,645 crore in 2014-15, and further to Rs 32,919 crore in 2015-16.
Communications Minister
Revenue from operations stood at Rs 7,183 crore during April-June quarter of 2016-17.
BSNL's revenue from operation has increased from Rs 26,153 crore in 2013-14 to Rs 27,242 crore in 2014-15, and to Rs 28,449 crore in 2015-16.